Question

Difference between the capitalist and socialist ideas of private property

Answer 1

Answer:

capitalism and socialism are like arch rivals of each other, capitalism directly involves freedom of expression and liberty, working for their own profits. there is always economical divide among citizens causing variability and alienation. its main concepts like trade, globalisation have high values of economic growth.

Explanation:

whereas socialism had more deepened meaning i.e single nation ideology, and social-economical equality among citizens , it grants equal importance irrespective of economic backround. one of disadvantage of socialism is that globalisation is forbidden and everything must indegenious, this can sometimes causes famines, intra economical crises and others.